
Ovido
Automated compliance and certificate management, providing product traceability, Digital Product Passports, and streamlined data exchange for manufacturers.
Date | Investors | Amount | Round |
---|---|---|---|
* | €2.4m | Seed | |
Total Funding | 000k |
EUR | 2020 | 2021 | 2022 | 2023 | 2024 |
---|---|---|---|---|---|
Revenues | 0000 | 0000 | 0000 | 0000 | 0000 |
% growth | - | 13 % | 4 % | 5 % | 3 % |
EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 | 0000 | 0000 |
% profit margin | 13 % | 8 % | 20 % | 20 % | 17 % |
EV | 0000 | 0000 | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
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Ovido specializes in automating compliance and certificate management for businesses. The platform addresses the increasing complexities and time-consuming manual processes associated with product traceability and data sharing within supply chains.
By automating the requesting, updating, and mapping of essential compliance documents, such as scope and transaction certificates and audit reports, Ovido significantly reduces administrative burdens. This allows client teams to respond to data requests from customers, partners, and auditors in minutes, rather than days. The system also facilitates the implementation of Digital Product Passports, enhancing product transparency.
The primary clients are manufacturers and brands seeking to streamline their compliance processes and improve supply chain data management. Ovido operates in the market for supply chain transparency and regulatory compliance solutions, exemplified by its work with clients like North Sails and Papu Design to achieve full product traceability.
While the specific revenue model is not detailed, the offering is presented as a tool that simplifies product data management, suggesting a service-based approach centered on its automation platform. The company's mission is to create the 'easiest tool' for these tasks, enabling businesses to focus on their craft.
Ovido's stated vision is to empower better choices through product transparency. This objective aims to help businesses maintain compliance, build stronger relationships across the supply chain, and ultimately, facilitate more informed decisions.
Keywords: Compliance Automation, Certificate Management, Product Traceability, Digital Product Passports, Supply Chain Solutions, Data Exchange Automation, Manufacturing Data, Brand Compliance, Audit Trail, Transparency Platform